GANGAFORGENSEGanga Forging LimitedLowNeutral
Announced Thu, 12 Feb · 16:41 IST

Ganga Forging Limited has informed the Exchange regarding Proceedings of Extraordinary General Meeting held on February 12, 2026

Board & Shareholder Meetings View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Ganga Forging Limited held an Extraordinary General Meeting on February 12, 2026, at its registered office in Rajkot, Gujarat. Two key resolutions were considered: (1) increasing the authorized share capital of the company from Rs. 18 crores to Rs. 35 crores (an increase of Rs. 17 crores, or nearly 94%), via an Ordinary Resolution; and (2) altering Clause V (Capital Clause) of the Memorandum of Association to reflect this change, via a Special Resolution. All five directors, the CFO, and the Company Secretary were present at the meeting. Remote e-voting was conducted between February 9 and February 11, 2026, and voting through poll papers was also available at the venue.

Likely market impact

The proposed increase in authorized share capital is a preparatory step that could enable a future fundraising or stock split, but voting results are still pending and will be announced within two working days. Shareholders should wait for the scrutinized voting outcome to confirm whether these resolutions have been approved.